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- The number of trades from January to October grows 45.3% year on year to 45.4 million
- Trading volume in Fixed Income markets in October up 44.7% from the previous month
- The trading volume in IBEX 35 Futures and Mini IBEX 35 Futures in the first ten months of the year grows 0.2% and 7.4% respectively
The Spanish stock market traded 28 billion euros in Equities in October, down 40.4% from the same month the previous year and down 11% from the previous month. The accumulated effective volume traded up the end of October totalled 350.5 billion euros, 9.7% less than in the previous year.
The number of trades in October was 4.2 million, 24.7% more than in October 2019 and 7.1% less than in the previous month. The number of accumulated trades to the end of October amounted to 45.4 million, up 45.3% year on year.
BME's market share in Spanish equities in October stood at 71.69%. The average spread for the same period was 7.26 basis points at the first price level (19.1% better than the next trading venue) and 8.97 basis points with order book depth of 25,000 euros (26.1% better), according to an independent report by LiquidMetrix, available here: www.bmerv.es/ing/Miembros/MIFID_II.aspx. All figures include both transparent order book (LIT) trading – including auctions – and non-transparent (dark) off-book trading.
Fixed Income trading volume in October increased 44.7% from the preceding month to 28.6 billion euros and grew 15.8% year on year. New admissions to trading, including Public Debt and Private Fixed Income, came in at 22.9 billion euros, up 3.7% compared to September and up 30.9% for the January to October period.
The outstanding balance stood at 1.7 trillion euros, which implies a year on year increase of 7.2% for the first ten months.
Trading in the Financial Derivatives market in the first ten months increased 0.2% in IBEX 35 Futures and 7.4% in Mini IBEX 35 Futures, compared to the previous year.
Trading in Stock Options increased 15% year on year. The open interest in October is up 4.3% from the same month the previous year.
Index volatility stands at 32%, that is, 20 points more than at the end of October 2019. Throughout this year, volatility has undergone strong variations and peaked in March, at 76%.
Trading by business areas and assets:
|
October 2020 |
%Change September20 |
%Change October19 |
% Change Year To Date 2020 |
|
|
Equities(1) |
||||
|
- Equities |
27,977.3 |
-11.0% |
-40.4% |
-9.7% |
|
Number of trades |
4,192.6 |
-7.1% |
24.7% |
45.3% |
|
- Warrants |
25.2 |
6.2% |
11.2% |
6.0% |
|
Number of trades |
4.7 |
-32.4% |
-25.7% |
20.4% |
|
- ETFs |
140.3 |
-10.5% |
2.6% |
48.3% |
|
Number of trades |
9.0 |
-6.1% |
47.7% |
153.4% |
|
Fixed Income(1) |
||||
|
Traded Volume(2) |
28,640.0 |
44.7% |
15.8% |
-14.8% |
|
New Issues |
22,926.8 |
3.7% |
-11.1% |
30.9% |
|
Outstanding Balance |
1,666,666.8 |
-0.8% |
7.1% |
7.2% |
|
Financial derivatives(3) |
||||
|
- Futures: IBEX 35 |
470.2 |
-2.5% |
-9.9% |
0.2% |
|
Mini IBEX 35 |
111.7 |
1.7% |
-30.4% |
7.4% |
|
Shares |
116.2 |
-83.7% |
-29.1% |
-34.6% |
|
- Options: IBEX 35 |
156.9 |
-46.0% |
-49.6% |
-39.5% |
|
Shares |
1,233.4 |
0.6% |
-25.7% |
15.0% |
(1) Effective trading volume by asset type in million euros; number of trades in thousands
(2) The trading volume includes only trading on electronic platforms
(3) Thousands of contracts
